According to MediciNova's latest financial reports and stock price the company's current Operating Margin is -856.84%. At the end of 2023 the company had an Operating Margin of -856.85%.
Year | Operating Margin | Change |
---|---|---|
2023 | -856.85% | |
2021 | -250.94% | |
2013 | -67.04% | -95.09% |
2012 | -1,364.37% | |
2006 | -15,794.30% | 322.09% |
2005 | -3,741.93% | -62.26% |
2004 | -9,915.19% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.